Microsoft Corporation announced its financial results for the first quarter of fiscal year 2025, surpassing analyst expectations on all major fronts. The company reported revenue of $56.5 billion, reflecting a 13% year-over-year increase, with net income soaring to $22.6 billion, a staggering 27% increase compared to the same quarter last year. This impressive performance has […]
Microsoft Corp. has revealed outstanding financial results for the quarter ending June 30, 2024 (Q4 FY24). The company reported revenue of $64.7 billion for the quarter, reflecting a 15% increase compared to the same period last year, or 16% when adjusted for constant currency. Operating income reached $27.9 billion, marking a 15% year-over-year increase (16% […]
In a significant announcement for the tech industry, Microsoft Corp. unveiled its financial results for the quarter ended December 31, 2023 (Q2 FY24). The report highlighted an impressive 18% increase in revenue, reaching $62.0 billion, compared to the corresponding period of the last fiscal year. The results reveal that Microsoft’s operating income soared to $27.0 […]
Microsoft Corp. has released its financial performance for the quarter ending September 30, 2023, showcasing a revenue of $56.5 billion. This marks an increase of 13% when juxtaposed with the same period from the preceding fiscal year. The technology giant’s operating income experienced a 25% surge, hitting $26.9 billion, while the net income amounted to […]
Microsoft Corporation reported an increase in revenues by 8% amounting to $56.2 billion for the fourth quarter ending June 30, 2023, compared to the previous fiscal year. Net income observed a boost of 20% to reach $20.1 billion, while operating income rose by 18% to $24.3 billion. Notably, diluted earnings per share saw an increase […]
In a groundbreaking move set to reshape professional services, KPMG International has announced a significant expansion of its global relationship with technology giant Microsoft. This amplified alliance aims to pioneer advances in crucial areas such as workforce modernization, secure development, and the implementation of artificial intelligence (AI) solutions for clients and industries, with societal implications […]
Microsoft has signed an all-cash deal worth $68.7 billion to acquire Activision Blizzard, an American video game company that owns Call of Duty and Candy Crush. The tech giant expects the popular games, immersive interactive entertainment, and publishing expertise of Activision Blizzard to speed up growth in its gaming business across mobile, PC, console, and […]
Microsoft acquisition of Nuance Communications : Tech giant Microsoft has signed an all-cash deal worth $56 per share or $19.7 billion to acquire Nuance Communications, a cloud and AI software company. The consideration is inclusive of Nuance Communications’ net debt. Microsoft said that the acquisition expedites its industry cloud strategy for the healthcare sector. The […]
Microsoft has agreed to acquire ZeniMax Media, the parent company of game developer Bethesda Softworks for $7.5 billion in an all-cash deal. Bethesda Softworks is the creator of gaming franchises such as The Elder Scrolls, Fallout, DOOM, Quake, Wolfenstein, and Dishonored. According to Microsoft, the game publisher will add an impressive portfolio of games, talent, technology, […]
IT industry news : Microsoft CEO Satya Nadella tried to calm growing concerns about facial recognition and other artificial intelligence during a sit-down talk at the World Economic Forum in Davos as experts warned more needs to be done to protect digital privacy. Conway G. Gittens reports. Source: reuters